61-12 55th Street
Queens, NY 11378
Cross street:Arnold Avenue

Building

Type:House
Era:Post-war
Floors:2

Property

Ownership: Multi-Family
Rooms: 16
Bedrooms: Studio

Financials

Price:$1,285,000
Real estate tax:$8,100
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Douglas Elliman Real Estate

Excellent investment opportunity in Maspeth !

Description

Excellent investment opportunity in Maspeth! This well-maintained four-unit property features four railroad-style one-bedroom apartments, each offering three rooms, a separate kitchen, and a full bathroom.

One apartment will be delivered vacant, providing an excellent opportunity for an owner-occupant or for achieving market rent. The remaining units offer steady rental income, making this an attractive property for both investors and end users.

Conveniently located on a border of Ridgewood and Maspeth, approximately 0.75 miles from the L and M subway lines, with easy access to shopping, restaurants, local parks, and major highways. A rare opportunity to own a solid income-producing property in one of Queens' most desirable neighborhoods. Unfinished basement. Gas boiler. 5 electric meters, 5 gas meters.

Lot size 25x100ft, bulding size 25x54ft. Building class C3, Zoning R4

Neighborhood

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.